We propose a theory of public appraisal and employ it to explain divergent public opinion on similar economic policy instruments. In a survey-based policy design experiment with 13,665 respondents from seven European countries, we study how policy perceptions and support rates differ across...

We analyze the energy market and ETS outcomes in Kazakhstan, a major fossil-fuel exporter. The energy market was characterized by the presence of large state-owned enterprises, prevalence of fossil fuel subsidies, and dominance of coal-fired generation. Despite the ETS, Kazakhstan's CO2...

Developed countries are responsible for a great share of the historical carbon dioxide (CO2) emissions in the atmosphere. The need to reduce CO2 emissions is now widely accepted, but how this can be accomplished is still controversial and debated. Considering the growing size of the carbon...

The study the ARDL model, Mean Group (MG), and the Pooled Mean Group (PMG) model to examine the Environemtnal Kuznets Curve (EKC) hypothesis in 43 African countries pooled into 3 income groups from 1980-2016. The EKC hypothesis is accepted in only 21% of the sample but rejected in 70% of the...

Carbon pricing is in the spotlight as an economically efficient policy to limit global warming and reduce greenhouse gas emissions. We examine how policymakers can improve social acceptance of a carbon tax, which is the main obstacle in implementing the policy. We conduct a survey experiment to...

A carbon tax is an efficient economic instrument to reduce emissions of carbon dioxide released from fossil fuel burning. Its impacts on production of renewable energy depend on how it is designed -- particularly in the context of the penetration of biofuels into the energy supply mix for road...

The uncertainty about the timing of the implementation of carbon tax regulations has drawn significant public attention. Does this attention represent public support? This research attempts to explore the public perspective on the government's delay in implementing carbon tax. This study...

We study the interaction of climate policies and investments into fossil and renewable energy generation capacity if policies are set by democratically elected governments and can lead to stranded assets. We develop an overlapping generations model, where elections determine carbon taxation and...